New Zealanders thoughts on how to fix the housing crisis are revealed in a Labour Party poll

Mar 13, 2017 | News

The polling done in September by UMR Research, suggests 89 per cent of renters believe there is a housing crisis, and that 79 per cent of homeowners believe it too.

UMR drilled down further, and reported that 55 per cent of all homeowners, and 48 per cent of Auckland homeowners, would prefer to see Auckland house prices fall, though most wanted them to “fall, but not too much”. Roughly two thirds of people believe a trifecta of policies could bring down house prices.

The three policies are: banning non-residents from buying existing homes, ending tax breaks for property investors, and the Government building houses en masse to on-sell at cost to first-time homebuyers.